How Ontario Universities Are Strengthening Commercialization to Benefit Ontario

With a common goal to help generate intellectual property (IP) for the benefit of the people and regions of Ontario, Ontario universities remain committed to working across sectors to improve commercialization outcomes. .

Universities play a vital role in fueling Ontario’s innovation pipeline. From curiosity-driven basic research to groundbreaking applied innovation, university research translates into both tangible benefits for Ontarians and economic prosperity for Ontario.

Much of this work is done by Technology Transfer Offices (TTOs) which facilitate commercialization by identifying commercially viable intellectual property and working to attract private sector investment. Through this process, TTOs help move research from the university to the private sector, ensuring that local ideas continue to strengthen Ontario’s ability to grow and compete globally.

In fact, innovative research at Ontario universities fuels the innovation pipeline and attracts global investment, helping Ontario become a world leader in fast-growing sectors, such as clean technology, cybersecurity , life sciences and artificial intelligence.

Ensuring that research can be commercialized for the benefit of the people and communities of Ontario remains a goal for universities, as Ontario universities continue to work with government and industry to maximize opportunities for commercialization and strengthen the innovation ecosystem.

Ontario universities’ commitment to commercialization

The statements listed below demonstrate the sector’s commitment to the commercialization framework and highlight a common set of principles and the many research, innovation and commercialization activities taking place on our campuses.

Each statement reflects each university’s unique strengths, demonstrating the range of intellectual property ownership and licensing policies that best meet those needs and help inform a range of avenues for commercialization.

University research and innovation will continue to play a leading role in Ontario’s future growth and prosperity, strengthening industries, businesses and communities, and developing Ontario innovations that benefit people. of the province.